Calcium Chloride Market Report- Growth Opportunities,Top Companies, Regional Forecast and Outlook 2028

(The Express Wire via Comtex)

The global calcium chloride market size is expected to gain momentum owing to the increasing demand in de-icing activities and dust control during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Calcium Chloride Market, 2021-2028.” The market is driven by widespread use of the product in wastewater treatment due to its low-cost calcium ion source and pH regulations for wastewater effluent treatment. A significant increase is witnessed in the application of the chemical in agriculture and waste treatment industries as the demand for wastewater effluent treatment grows.

COVID-19 Impact-

The COVID-19 pandemic has had a significant influence on the market. The demand is expected to be affected by the rise in oil and gas prices, as well as industrial operations such as building and food processing, as a result of the pandemic. The epidemic has caused many industries in this sector to adapt. Furthermore, regional and global transportation have been delayed as a result of the lockdown applied in several nations, which has had a substantial influence on the supply chain of multiple sectors.

Browse Summary of this Research Report:

https://www.fortunebusinessinsights.com/calcium-chloride-market-104301

Segments-

By grade, the market is segmented into food grade, pharmaceutical grade, agricultural grade, and industrial grade. On the basis of application, the market is segregated into de-icing and dust control, drilling fluids, agriculture, healthcare, construction, food and beverages, and other applications. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa

What does the Report Offer?

The report examines to gain a thorough understanding of the worldwide market dynamics such as drivers, constraints, market challenges, opportunities, influencing factors, and trends are studied in depth. The research involves segmental analysis, in which key type, application, and geographic segments are examined in depth. The market research report also includes information on important industry events that have occurred throughout the years in the market.

Drivers and Restraints-

Increasing Demand in Food Industry to Stimulate Growth

The increasing demand in the food processing industry is expected to boost the global calcium chloride market growth during the forecast period. The increasing use of chloride as a food preservative in the food processing industry is predicted to propel the growth of the market. Besides, it is commonly used in the food industry for making cheese, brewing beer, tenderising meat, and firming canned vegetables and fruits. The growing worldwide population, combined with rising consumer income levels, further propels the food businesses forward, boosting sales during the forecast period.

Get Sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/calcium-chloride-market-104301

REGIONAL INSIGHTS

North America to Remain Dominant; Demand for Drilling Fluids to Propel Growth

North America is expected to hold the largest global calcium chloride market share during the forecast period. The product is utilized as a de-icing agent, and is in high demand in the region due to the harsh cold weather conditions. Moreover, the rising use in the manufacturing of drilling fluids in countries such as the United States is likely to lead to regional growth.

Asia Pacific is anticipated to hold a significant position in the market. This is owing to the rising demand from several end-use industries. Furthermore, higher government spending on infrastructure construction is expected to drive market growth over the next few years.

Competitive Landscape-

Manufacturers to Focus on RandD Investments to Offer Advanced Products

The manufacturing companies have a significant impact on the value chain due to their higher level of forward integration. All of these manufacturing enterprises produce both raw materials and finished products, which are used in a variety of applications. The industry's capital-intensive nature and the extensive distribution network of existing firms minimise the threat of new competitors.

Industry Development-

  • March 2020: Junction Capital Partners announced the acquisition of Wilkinson Chemical, LLC, which distributes calcium chloride solutions. The company plans to start shipping American Society for Testing and Materials (ASTM)-specified liquid calcium chloride.

List of Key Players Profiled in the Global Market for Calcium Chloride:

  • Sameer Chemicals
  • Sitara Chemical Industries Ltd
  • Nedmag Industries
  • Ward Chemical
  • Tiger Calcium Services

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/calcium-chloride-market-104301

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

U.S.:+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:[email protected]

LinkedInFacebookTwitter

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Calcium Chloride Market Report- Growth Opportunities,Top Companies, Regional Forecast and Outlook 2028

comtex tracking

COMTEX_395181877/2598/2021-10-14T08:14:19